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The investment platform Freetrade is running two transfer offers over the festive period that could give deep-pocketed investors a huge £2,000 bonus.
To get the full £2,000, you’d need to transfer £100,000 to Freetrade’s stocks and shares Isa and £50,000 to its self-invested personal pension (Sipp).
But those with smaller pots can also benefit and pick up £300 instead.
Freetrade’s offers are available separately, with 1 per cent cashback on Isa transfers and 2 per cent cashback on Sipp transfers, but both must be for at least £10,000.
The levels of cashback on offer means that those transferring an Isa will get at least £100 and those transferring a Sipp will get at least £200.
The deal closes on 31 December 2025 and you’ll get any cashback you’ve earned in October 2026.
Freetrade has given its platform a shot in the arm this year, after its takeover by IG, by making its stocks and shares Isa free to open on its basic plan, as well as launching the ability to buy funds.
> Find out more about Freetrade and the cashback deal*
Freetrade has improved its platform this year and is now offering bumper cashback
How does Freetrade compare?
While cashback shouldn’t be the sole reason for choosing an investment account, it can give your portfolio a nice boost. You should make sure that the platform is right for you before going ahead.
In my recent Freetrade review, I liked that the platform prioritises simplicity and is straightforward to use. This makes it an ideal investing platform for beginners to try.
What’s more, Freetrade’s stocks and shares Isa is now free on its basic plan and there are no trading fees, so you can test it with little outlay.
Funds are only available on the paid tiers – with the Standard tier costing £4.99 a month when billed annually or £5.99 when billed monthly.
A Sipp is only available on Freetrade’s Plus tier, which costs £9.99 a month when billed annually and £11.99 when billed monthly.
Compare this with Interactive Investor, which also charges flat fees ranging between £4.99 and £12.99 a month for its accounts – read more about Interactive Investor’s fees.
Freetrade* is unlikely to be the cheapest option if you have a small pot, but flat fees like these can help keep your costs low as your portfolio grows.
If you’re looking for a new investment platform, it can pay off as there are currently a few bribes available.
- Charles Stanley Direct* can give you up to £1,500 when transferring your cash or investments – the minimum transfer value is £20,000, for which you’ll earn £300
- Prosper* can give you £100 when transferring investments worth £10,000 or more to one of its accounts
- Hargreaves Lansdown* can give you a £150 voucher when opening an Isa and a £200 voucher when opening a Sipp (both deals require depositing at least £10,000) – this deal ends 10 December
You can read our round-ups of the best stocks and shares Isas and the best Sipps to find out which options might suit you best.
> Find out more about opening an account with Freetrade and cashback*
SAVE MONEY, MAKE MONEY
4.52% cash Isa
4.52% cash Isa
Trading 212: 0.67% fixed 12-month bonus
Sipp cashback
Sipp cashback
£200 when you deposit or transfer £15,000
Top Isa without bonus
Top Isa without bonus
Straightforward 4.55% cash Isa with no boost
£100 cashback
£100 cashback
5% cashback on investments, up to £100
£20 gift card
£20 gift card
Hold £1,000 after three months in Plum’s cash Isa
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